CNBC Trader: Lightning Network Is Driving Bitcoin’s Resurgence

By CCN: Bitcoin must have been struck by lightning – the Lightning Network. That’s what some crypto observers are saying is behind bitcoin’s price surge. As part of its blockchain Week coverage, CNBC has hosted a series of crypto players to analyze what’s going on in the suddenly-roaring industry. Bob Iaccino, the chief market strategist at Path Trading Partners, joined the discussion on Wednesday to explain what’s behind the bitcoin price doubling so far this year. Bitcoin Price Rally Spurred by Lightning Network: Futures Trader CNBC reporter Seema Mody said “two large crypto trading desks” told her that traders who